BTC - Inverse Head & Shoulders Activated 👌Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis , we know that BTC is still in an Accumulation in the shape of a potential inverse head and shoulders .
📉 As mentioned, for the the pattern to get activated, we need a break above the blue zone / neckline.
This week, BTC broke above the neckline , so now we are expecting a bullish movement till the next resistance around 30,000
📌 30,000 is a strong round number, resistance and supply zone. So expect reaction there.
For the bulls to take over from a MACRO perspective, we need a break above 32,000
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Blockchain
Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 17, 2023Technical Analysis and Outlook:
With the completed downfall to our Completed Outer Coin Dip of $19,700 on March 10, the coin rebounded strongly to an Outer Coin Rally of $26,000 and $27,000, respectively, as shown on the Daily Chart Analysis Update For the Week of February 17. The current upside target is the Intermediate Outer Coin Rally of $29,200 and Outer Coin Rally of $30,000 - The Mean Res $31,700 might be possible this week. Once these completed rallies are verified and validated by Trade Selecter System, we will see the pullback to Mean Sup $26,200.
Bitcoin breaking out? Where is the next resistance?Bitcoin has been on the move in recent sessions. With the Fed balance sheet expanding by $300B & rates continuing to soften substantially.
Bitcoiners are front running a Fed pivot and buying up this rally.
One thing is for sure their is still major technical resistance up ahead and some consolidation is due.
ETH - Wait For The Trigger 🔫 Analysis #33/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH has been stuck inside a range between 1500 support and 1700 resistance.
Now ETH is sitting around 1700 - 1730 resistance zone.
🏹 For the bulls to take over, we need a momentum candle close above 1730
Meanwhile, if we break below 1650, a correction till 1500 support would be expected where we will be looking for new buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ORAI: $10.0 | a mid term investment Big Data Big Data and Ai is the future that will be eseential by 2030
connecting machines to \facilitate smart contracts etc.
this can be a leader if it plays it very well
similar to LUNA FTM POLYGON ... it just needs the right mix of team to make it in the big cap league
for the few like Google Microsoft TESLA etc are already in place
which i think are on the lookout to acquire partner more.. in addition to CHAiNLiNK and Ethereum
BTC Video Update 📹 Analysis #30/50Hello TradingView Family / Fellow Traders. This is Richard Nasr, also known as theSignalyst.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
March 16 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 1.35% over the last 24 hours and fell to an intraday low of $23,908.45. On March 14, the bulls managed to push Bitcoin above the key overhead resistance level of $25,250. However, the presence of a long wick on the candlestick suggests that the bears are not willing to give up. The 20-day exponential moving average, or EMA ($23,012), has started to turn up, and the relative strength index (RSI) is in the positive territory, suggesting that buyers have an edge in the market. If the price remains above $25,000, the BTC/USDT pair may have the potential to surge to $30,000.
Today’s Cryptocurrency Headline
Fidelity Crypto Investment Product Now Available to All Users
Fidelity Digital Assets has recently made its crypto investment product, Fidelity Crypto, available to the general public. This move allows millions of users to trade Bitcoin and Ethereum on the platform without paying any commissions. The app was previously restricted to a waitlist. Now, new customers can create a Fidelity brokerage account during the setup process to gain access to Fidelity Crypto.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
EOS Sooner Or Later ⏰ Analysis #28/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EOS has been stuck inside a big range between the 1.0 support and 1.4 resistance.
🏹 If we retest the blue support again, we will be looking for buy setups on lower timeframes
For the bulls to take over long-term , we need a daily candle close above 1.44 resistance.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC Make or Break Zone ❗️ Analysis #26/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
BTC is still struggling around the 25,000 resistance zone.
Here is what I am waiting for:
📈 on DAILY: Left Chart
For the bulls to remain in control / take over long-term, we need a Daily Candle Close above 25,000
📉 on H1: Right Chart
Meanwhile, the 25,000 is still acting as a resistance zone.
If we break below 24,000 then the bears will take over to start a correction till around 22,400
Which scenario do you think is more likely to happen? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DOGE Long-Term View 🔎 Analysis #24/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
DOGE has been been overall bearish trading inside the red falling channel .
🏹 For the bulls to take over long-term , we need a break above the upper red trendline and 0.09 resistance.
Meanwhile, as we approach the blue support or green demand again, we will be looking for short-term buy setups
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC Video Update 📹 Analysis #21/50Hello TradingView Family / Fellow Traders. This is Richard Nasr, also known as theSignalyst.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Total CapThe crypto market has seen tremendous growth in recent years, with an increasing number of individuals and businesses adopting cryptocurrencies as a viable alternative to traditional fiat currencies. This has led to a surge in demand for blockchain technology, as it provides the foundation for cryptocurrencies and enables secure and transparent transactions.
One of the most promising applications of blockchain technology is in the field of decentralized finance (DeFi). DeFi is a financial system that is built on blockchain technology and is designed to provide users with greater financial autonomy and control. It enables users to access financial services without the need for intermediaries such as banks, and allows them to trade, borrow, and lend cryptocurrencies in a decentralized and secure manner.
Moreover, the integration of artificial intelligence (AI) in the crypto industry is also on the rise. AI has the ability to process vast amounts of data quickly and accurately, and can be used to analyze market trends and make predictions about future market movements. This has the potential to revolutionize the way people invest in cryptocurrencies, enabling them to make more informed decisions and ultimately generate higher returns.
Furthermore, the adoption of AI in the crypto industry has also led to the development of more sophisticated trading algorithms that can execute trades automatically based on predefined criteria. This has led to increased efficiency and accuracy in trading, as well as a reduction in the risk of human error.
In conclusion, the expansion of the crypto market, the adoption of AI by the industry, and the advantages of DeFi are all exciting developments that have the potential to transform the way we think about finance and investing. With continued investment and development, we can look forward to a future where cryptocurrencies and blockchain technology play a central role in shaping the financial landscape, and where DeFi and AI enable greater financial autonomy and control for users all over the world.
BTCUSDT LONG TERM bias 🌱Uptrend forming on the Daily chart With a new high in sight. Forming a new high means breaking the strong resistance at $25,114. A break here and we will be at $30k again. Although there are some really crazy news that will affect crypto badly and we wish this isn't just a quick cash grab.
March13 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 9.55% over the last 24 hours and rose to an intraday high of $22,600.00. The largest cryptocurrency has rebounded above $22,000 after stablecoin issuer Circle announced the company will stand behind USDC and cover any shortfall using corporate resources, involving external capital if necessary. The rebound witnessed today has resulted in the relative strength index (RSI) returning to a neutral position, indicating a substantial decline in the short-term selling pressure. If the price maintains above $22,000, the BTC/USDT pair may reach $22,800.
Today’s Cryptocurrency Headline
SVB Draws Support From More Than 100 Investors and Venture Firms
According to Bloomberg, more than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls to limit the fallout of the bank’s collapse and avoid a possible “extinction-level event” for tech companies. As of Saturday afternoon in San Francisco, about 125 venture firms including Sequoia Capital had signed on to the statement, spearheaded by venture firm General Catalyst, according to a person familiar with the matter. First released Friday by a smaller group of signatories, the statement called the events of the last two days “deeply disappointing and concerning,” and said that the investors would continue relationships with the institution if it were bought by another entity.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
BTC Video Update 📹 Analysis #15/50Hello TradingView Family / Fellow Traders. This is Richard Nasr, also known as theSignalyst.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 10, 2023Technical Analysis and Outlook:
The coin continued to downfall passed our Mean Supports of $21,500 and $20,476 this week to complete the Outer Coin Dip of $19,700. Once this completed knockdown is verified and validated by Trade Selecter System, we will see the rebound - the initial target of Mean Res of $20,900 with a possible extension to Mean Res of $22,500. The rally to Key Res of $25,000 and the Outer Coin Rally of $26,000 is postponed until further notice.
March 10 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 6.35% over the last 24 hours and fell to an intraday low of $20,042.72. The largest cryptocurrency plummeted today after the fallout from Silvergate Bank’s demise. The strong support at $21,350 was not able to hold the massive selling pressure, suggesting that bears are in command. The moving averages have completed a bearish crossover and the relative strength index (RSI) is in the oversold territory, indicating the market sentiment is negative. If the BTC/USDT pair drops below $20,000, the price may drop to $18,500.
Today’s Cryptocurrency Headline
Share of Crypto Startup Sold at Discounts on Secondary Markets
Richard Freemanson, CEO of secondary market trading platform Birel, confirmed that shares in numerous private crypto startups are currently selling at significant discounts on Birel.io. These startups include Alchemy, Blockchain.com, Chainalysis, Kraken, ConsenSys, Blockdaemon, CoinDCX, and OpenSea. Block equity offerings by the above companies range in size from $3 million to $50 million, and discounts vary widely. Most notable were Blockchain.com and ConsenSys, who have shares on offer at discounts of 74% and 71%, respectively, to their latest funding rounds. Chainalysis shares are up for sale at a 61% discount, OpenSea stock is available at a 51% discount, and a CoinDCX block is listed at a 47% discount. The Alchemy, Blockdaemon and Kraken shares are discounted by 31%, 30% and 9%, respectively.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
BTC - Inverse Head & Shoulders 🍰 Analysis #10/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, we know that BTC is still in an Accumulation in the shape of a potential inverse head and shoulders .
📉 As mentioned, for the right shoulder to start , we need a break below the last major low from H4 (in gray)
Now since, we had that break, the next step would be rejecting the 18,000 previous major high and demand zone.
But of course, we will not buy blindly there. Especially that this bearish movement now is driven by fundamental news.
📌As per my trading style:
As BTC approaches the 18,000 zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Which scenario do you think is more likely to happen? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XRP - Long-Term View 🕝 Analysis #8/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
XRP has been overall bearish trading inside the falling brown channel.
XRP is currently rejecting a strong weekly support 0.30 so we will be looking for buy setups.
🏹 Long-Term: Left Chart
For the bulls to over from a long-term perspective, we need a weekly candle close above 0.6 which would be breaking both the last major high and upper brown trendline.
📉 Medium-Term: Right Chart
For the bulls to over from a medium-term perspective, we need a daily candle close above the orange zone 0.420. And as price approaches the 0.320 support we will be looking for short-term buy setups.
Which scenario do you think is more probable and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LTC - Approaching A Support 🔑 Analysis #6/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
LTC rejected the 100.0 weekly resistance and traded lower. Now it is approaching the lower red trendline.
Moreover, the zone 60.0 a strong weekly structure.
🏹 So the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the red support zone and lower red trendline. (acting as a non-horizontal support)
As per my trading style:
As LTC approaches the lower blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Still Bullish ❓❓Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, we know that the correction already started by breaking below the gray H4 low.
📉 BTC has been bearish from a medium-term perspective trading inside the falling channel in red.
This channel reminds of the previous one a couple of weeks ago.
🏹 As mentioned in the last BTC video update, for the bulls to kick in , hence start the next bullish impulse, we need a above the upper red trendline and last major high in red. (around 22,600)
Meanwhile, BTC can still dive inside the 21,000 support zone.
If we break 21,000 downward from daily, then we will expect further long-term bearish movement till 19,000
Which scenario do you think is more likely to happen? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LINK - The Castle Is Still Strong 🏰 - Analysis #5/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
LINK has been stuck inside a big range for a couple of months now.
At least it hasn't melted like many altcoins during the bear run.
🏹 For the bulls to take over long-term , we still need a break above the entire range / above 9.5
Meanwhile, since we are approaching the lower bound of the range, we will be looking for short-term buy setups .
📉 LINK is now sitting around the orange support zone (6.5) so for the bulls to take over, we need a break above the last H4 high (in gray)
If we break below the orange support, then a movement till the green support (5.0) would be expected where we will be looking for new buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich